Charming Fourplex, centrally Located in Downtown Waterfront Corridor.300 steps to the indoor arena and another hop skip and a jump to the Ballpark.This area is considerably better than most of the downtown. This property is gated with a gated parking area too. Spacious units w/own utility/Laundry room. These units are very easy to rent. This property needs some updating but has been priced accordingly. The seller has already completed a whole house inspection & a pest inspection. We are offering an $8500 repair credit but will be making no other repairs. The units are currently rented for $950, $950, $900, and $800. The Total annual rents are $43,200. The $800 a month unit is scheduled to move out on October 1st. This would be a great opportunity to do a little updating and get that rent up to the $950-$1,000 Range. If you look at the current rents the GRM is 9.83!! The seller will be clearing the termite portion of the pest report in addition to the 2% repair credit.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc.
Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.
Listing information last updated on October 15th, 2019 at 4:22pm PDT.